New Investment Opportunities in 4 Mining Concession Areas: What Investors Need to Know for Business Growth in Oman
Muscat – The Ministry of Energy and Minerals (MEM) has announced new investment opportunities across four concession areas as part of the 2025 mining bidding round. These opportunities are open to both local and international companies, aiming to stimulate investment in the mining sector and enhance its contribution to Oman’s national economy in alignment with Oman Vision 2040.
The four concession areas boast promising geological potential and are distributed across various governorates in the Sultanate. Notably, Area D-11 in Al Buraimi Governorate covers 1,084 square kilometers and preliminary studies have identified deposits of copper, gold, silver, and chromite ores, alongside basalt and gabbro rock formations.
Similarly, Area E-22 in North Al Sharqiyah Governorate spans 810 square kilometers, with initial findings indicating the presence of copper, gold, silver, and chromite ores, as well as basalt and gabbro rocks.
The largest area, B-14 in South Al Batinah Governorate, extends over 2,673 square kilometers. Geological data suggest abundant copper, gold, silver, and chromite ores, alongside industrial rocks such as basalt and gabbro. Additionally, Area H-51 in Al Wusta Governorate, covering 4,181 square kilometers, shows potential for industrial minerals including silica, salt, and kaolin.
The bidding process is conducted under transparent procedures designed to ensure equal opportunities for all qualified companies. The Ministry will provide comprehensive technical and geological data to interested investors through the digital “Taqa” platform.
The Ministry of Energy and Minerals emphasized that this initiative reflects its commitment to facilitating investment in the mining sector by creating an attractive, well-regulated environment based on transparency and competition. This approach supports the diversification of income sources and aims to increase the sector’s added value by fully leveraging Oman’s rich mineral resources.
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Oman’s Ministry of Energy and Minerals opening new mining concessions aligns with Oman Vision 2040’s focus on economic diversification, creating significant opportunities for businesses to tap into rich mineral resources like copper, gold, and chromite. For smart investors and entrepreneurs, this signals a strategic moment to prepare for a competitive bidding environment with transparent, data-backed investment processes via the digital "Taqa" platform. The move positions the mining sector as a key growth driver, but success will require navigating regulatory frameworks and leveraging geological data effectively.
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